Ratings

The ranking reflects the Qatari group’s abilities to be a leading telecommunication company in Qatar
12 August 05:19 PM Ooredoo ranks 1st in Qatar for network speed in 6M - Report
Mubasher: Ooredoo has been ranked the first in Qatar for mobile network speed during the first half of 2018, according to Speedtest Global Index report by Ookla, which compares internet speed data from around the world on a monthly basis. …
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9 August 11:38 PM Moody’s downgrades UAB ratings
Mubasher: Moody's Investors Service has downgraded the rating of United Arab Bank (UAB) to Baa3/P-3 from Baa2/P-2. This follows the one-notch downgrade of the bank's baseline credit assessment (BCA) and adjusted BCA to ba2 from ba1. Moody's also …
“We have exerted our efforts to the maximum"
8 August 12:23 PM Finance House receives Excellent rating
Abu Dhabi – Mubasher: Finance House Securities (FHS) has received an Excellent rating from the Dubai Financial Markets (DFM) for the second quarter in the year 2018, according to a company statement. The DFM’s Dubai Service Excellence Scheme …
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7 August 08:36 PM Moody's affirms GIB ratings
Mubasher: Moody's Investors Service has affirmed Gulf International Bank’s (GIB) long-term foreign currency senior unsecured debt and deposit ratings at Baa1. The provisional subordinated debt rating has been affirmed at Baa2, and the outlook on …
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7 August 06:57 PM Moody's downgrades four Bahraini banks
Mubasher: Moody's Investors Service has downgraded to B2 from B1 the long-term local currency deposit ratings of Bank of Bahrain and Kuwait (BBK), National Bank of Bahrain (NBB), Bahrain Islamic Bank (BISB), and Khaleeji Commercial Bank (KHCB). …
This rating reflects DP World’s diversified operations
6 August 04:42 PM Moody's ups DP World's ratings to Baa1; outlook stable
Dubai – Mubasher: Moody's Investors Service has upgraded the long-term issuer rating for DP World to Baa1 from Baa2 with a stable outlook. This rating reflects the global trade enabler’s diversified operations and solid profitability and liquidity …
Assets total about QAR 139.9 billion as registered on 30 June 2018
5 August 04:57 PM Fitch & Moody’s upgrade CBQ’s outlook
Mubasher: The Commercial Bank (CBQ) said that the global rating agencies Fitch and Moody’s have upgraded their outlook of the bank to “Stable”, according to a bourse disclosure on Sunday. Fitch affirmed the long-term issuer default rating (IDR) of …
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2 August 10:30 PM Pharos reiterates MNHD’s rating
Cairo - Mubasher: Pharos Research has reiterated the overweight recommendation of Madinet Nasr for Housing and Development (MNHD), according to a research note issued on Thursday. MNHD is planning to launch a new phase in SARAI called Cavana Lakes …
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2 August 08:40 PM Moody's downgrades Bahrain's ratings to B2
Mubasher: Moody's Investors Service has downgraded the Government of Bahrain's long-term issuer ratings to B2 from B1 and maintained the negative outlook. The research firm has attributed the rating downgrade to a further rise in Bahrain's …
QEWS reported a 9.1% year-on-year drop in its profit for Q2-18
2 August 11:14 AM QNB raises QEWS PT to QAR 233/ shr
Mubasher: Qatar National Bank (QNB) Financial Services raised Qatar Electricity and Water Company’s (QEWS) price target (PT) by 22.6% to QAR 233 per share instead of QAR 190. Although the second-quarter financials of QEWS were admittedly …
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1 August 10:07 PM Moody's upgrades outlook for Buruj Insurance
Mubasher: Moody's Investors Service has affirmed the Baa2 insurance financial strength rating (IFSR) for Buruj Cooperative Insurance Company, and changed the outlook to positive from stable. The change in outlook to positive for Buruj reflects its …
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1 August 01:22 AM Saudi economy expected to grow by 3.5% in 2018
Riyadh - Mubasher: Capital Economics (CE) is expecting Saudi economy to achieve accelerating growth in the next half of the year, according to a report issued on Tuesday. Rising oil supplies and accommodative financial policies will help raise the …
Gulf Insurance’s total premiums in Kuwait accounted for 61.4%
31 July 03:52 PM S&P affirms Gulf Insurance’s rating, downgrades outlook
Mubasher: S&P Global Ratings has affirmed the credit rating of Gulf Insurance Group at “A-” and downgraded the Outlook to “Negative” from “Stable”. This rating reflects the solid financial strength rating and its ability to meet financial …
“The government has taken measures to ease the immediate economic and financial effects of the boycott”
29 July 11:55 AM S&P affirms Qatar’s ratings at ‘AA-/A1-+’
Mubasher: Standard and Poor’s (S&P) announced that it has confirmed Qatar’s long and short-term foreign and local currency sovereign ratings at “AA-/A-1+” with a negative outlook, according to the international credit rating agency’s statement.  …
The amendment of the GCC nation’s stock exchange will be carried out on two phases
25 July 01:35 PM S&P Dow Jones to upgrade Saudi bourse to EM status in 2019
Riyadh – Mubasher: Global equity index compiler S&P Dow Jones Indices will upgrade the Saudi Stock Exchange (Tadawul) to emerging market status from a stand-alone market next year, after wrapping up a consultation with the investment community's …
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24 July 10:26 PM Moody’s affirms DAE ratings, upgrades outlook
Dubai - Mubasher: Moody's Investors Service has affirmed Dubai Aerospace Enterprise’s (DAE) Ba2 corporate family rating and the Ba3 senior unsecured rating of DAE Funding LLC and revised the outlook of the ratings to positive from stable. The …
The ratings are backed by Sharjah’s relatively strong fiscal position
22 July 11:45 AM S&P affirms Sharjah ratings; Outlook seen “Stable”
Mubasher: S&P Global Ratings has confirmed its long- and short-term foreign and local currency sovereign credit ratings on Sharjah a “BBB+” and “A-2”, respectively, according to a report on Friday, Gulf News said. The rating agency added that …
The rating reflects QIB's adequate capital buffers
22 July 10:13 AM Moody’s affirms QIB’s rating at ‘A1’, outlook ‘stable’
Mubasher: Qatar Islamic Bank (QIB) on Sunday revealed that Moody’s Investors Service had affirmed its deposit rating at “A1” with a “Stable” outlook. The rating reflects the bank's adequate capital buffers, good profitability, and limited market …
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21 July 05:06 PM S&P affirms Kuwait’s credit ratings
Mubasher: Standard and Poor's (S&P) has affirmed Kuwait's (AA/A-1+) long and short-term foreign and local currency sovereign credit ratings, with a stable outlook. S&P expects Kuwait to continue to hold extremely large government and external net …
Mubadala Development and IPIC were merged In 2017
19 July 11:45 AM Fitch affirms IDRs of Mubadala Development, IPIC; outlook ‘Stable’
Abu Dhabi – Mubasher: Fitch Ratings has confirmed the Long- and Short-Term Issuer Default Ratings (IDRs) of Mubadala Development and The International Petroleum Investment Company (IPIC) at ‘AA’ and ‘F1+’, with a stable outlook. Both companies …
Moody's has also confimed Al Rayan’s deposit rating at “Aa3”
19 July 11:04 AM Moody's changes rating outlook of Masraf Al Rayan to stable from negative
Mubasher: Moody's Investors Service (Moody's) announced that it has affirmed Masraf Al Rayan’s baseline credit assessment (BCA) rating at “Baa2”. The New York-based ratings agency also changed the outlook on the Qatari lender's long-term deposit …
The stable outlook reflects Dolphin Energy’s positive financial performance
18 July 07:02 PM Moody’s affirms Dolphin Energy’s A2 ratings with stable outlook
Abu Dhabi – Mubasher: Moody's Investors Service has affirmed its A2 rating for UAE-based Dolphin Energy’s senior secured bonds and senior secured bank credit facilities. The New York-based ratings agency also changed the energy company’s outlook …
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18 July 07:00 PM Moody’s affirms ratings for 3 Qatari GRIs
Mubasher: Moody's Investors Service has changed the outlook on the Aa3 long-term issuer rating of Qatar's national oil and gas company Qatar Petroleum (QP), the A1 long-term issuer rating of QP subsidiary Industries Qatar (IQ), and the A1 …
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18 July 06:55 PM Moody’s affirms RasGas rating, upgrades outlook
Mubasher: Moody's Investors Service has affirmed the A1 guaranteed senior secured debt ratings of Ras Laffan Liquefied Natural Gas Company (RasGas) and Ras Laffan Liquefied Natural Gas Company, and changed the outlook to stable from negative. …
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18 July 06:46 PM Moody's changes rating outlook of Nakilat to stable
Mubasher: Moody's Investors Service has affirmed the A1 senior secured debt rating and the A2 senior subordinated debt rating of Qatar Gas Transport (Nakilat), and changed the outlook to stable from negative. The decision follows Moody's …